Nio

Starting at RMB 119,800 (USD 16,800), Nio’s compact EV will launch in China before making its way to Europe and other markets.

Longtime executive Shen Fei will now lead Onvo as Nio moves to tighten control and revive lagging sales.

With battery advancements stalling, automakers are shifting their focus elsewhere to stay ahead.

Will the dual launch give Nio the momentum it needs to lead the EV market in 2025?

Firefly, Nio’s third automotive brand, is set to unveil its first model at Nio Day on December 21, with a China debut leading its rollout.

Li Auto, Xpeng, and Huawei lead a Chinese push to scale up AI compute, aiming to close Tesla’s lead in autonomous driving.

Nio’s sub-brand Onvo is entering the market with a battery-as-a-service model to lower upfront costs for its SUV buyers.

Nio’s SkyOS reflects not only the automaker’s drive for technological independence but also its aim to manage the growing complexity of smart vehicles.